Berkeley Eng Share News (BKY)

Berkeley Resources Jumps 13% As It Moves Step Closer To A Mining License

Wednesday broker round-up UPDATE

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa

Resource round-up: Sirius Petroleum, Thor Mining, KEFI Minerals ...

Gold and copper exploration company KEFI Minerals pleased investors after it said tests on a site in Saudi Arabia confirmed the presence of high grade gold and silver over substantial widths and strike lengths. It said diamond drilling would begin at the Jibal Qutman Licence in the current quarter.

Berkeley settles with ENUSA

Uranium producer Berkeley Resources has been playing swapsies with Spanish joint venture partner Enusa Industrias Avanzadas, bringing to an end a dispute between the two companies over various uranium resources. Under the agreement, Berkeley will have full exploitation rights over State Reserves 28

Resource round-up: Forum Energy, Berkeley Resources, Jupiter Energy, Hardy Oil & Gas

UK oil and gas firm Forum Energy has confirmed its natural gas discovery at Recto Bank in the disputed South China Sea contains more reserves than initially thought. In an announcement to the Philippines Stock Exchange earlier, Philex Petroleum Corp said Forum had a report that "is expected to show

Berkeley's CEO waves goodbye

The Chief Executive Officer and Managing Director of AIM-listed uranium producer Berkeley Resources is to walk away from the firm next month, the company announced this morning. Brendan James, who is based in Spain, has resigned from his positions (and the board) and will leave the group on May 20

Berkeley Resources starts licensing process

Berkeley Resources' shares jumped on Thursday after the firm said that it has started the licensing and permitting processes for development of the Retortillo and Santidad deposits within its Salamanca 1 uranium project in western Spain. Progress calculations so far indicate that the original 2007

New boss at Berkeley Resources

Uranium miner Berkeley Resources has announced Brendan James has begun his role as managing director of the company. The firm said that James, who will be based in Spain, was "highly qualified to lead Berkeley through the optimisation, financing, development, and commissioning of its Salamanca uran

Berekeley announces feasibility study delay

Investors were steering well clear of uranium miner Berkeley Resources after the company said it is reviewing its current development, timetable and expenditure in the wake of the Fukishima nuclear power plant disaster in Japan. As a result it is now anticipated that the feasibility study for the e

Japan nuke fears aid solar firms, dumps uranium plays

The ongoing crisis at the Fukushima Daiichi nuclear plant in Japan has been a disaster for uranium-related stocks, but a welcome boost for alternative energy companies as opposition to nuclear grows. Should there be a catastrophic accident at Fukushima Daiichi, calls for nuclear power to be scrappe

London close: Heavy losses despite recovery

The FTSE 100 closed deep in the red Tuesday amid continuing worries over the situation in Japan, though losses were more than halved following a slide in the morning as nerves calmed. A third explosion at the Fukushima Daiichi nuclear power plant in Japan has raised concerns of a major radiation le

London afternoon: Stocks stabilise

Leading shares remain deep in the red and the best that can be said is that the situation did not get materially worse over the lunch time session. A third explosion at the Fukushima Daiichi nuclear power plant in Japan has raised concerns of a major radiation leak and sparked panic selling on the

Small caps round-up: Axis-Shield, Cluff Gold, Falkland Oil...

Diagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.

Small caps round-up: Henderson Smaller Cos, Forte Energy, Vane Minerals...

Small cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t

London close: Footsie winds down as 2011 nears

London closed shy of the 6,000 mark after a late dip in very light volumes with little for either buyers or sellers to get their teeth into. Fresnillo was an exception thanks to another strong day on the metals exchanges as silver hit a new 30-year high. Copper traded above $9,500 per tonne on the